An impressive package of documents was prepared for the participants of the International Investment Forum “Mogilev region – new investment horizons”. The forum welcomed businessmen from Belarus, Germany, Denmark, Italy, France, Russia, Lithuania, Israel, Poland, Holland and other countries.
According to Petr Rudnik, the head of Mogilev Regional Executive Committee, the region has created favorable investment conditions. The region occupies favorable geographic position, possesses high scientific and technical potential, well qualified specialists, well developed transport and communication infrastructure, rich nature resources. The fact is proved by economy activities over the last eight months. In January-August 2010 comparing with the same period 2009 industrial production increased by 20%, export went up by 38%.
Year by year Mogilev region increases investments in economy and a social sphere. In 2005 $600 bln was allotted for these purposes. In 2009 the figure doubled. The region successfully realized huge investment projects with foreign capital to produce beer, juice, window systems. At the moment the region is building enterprises to produce synthetic washing powders, whole-milk products in Shklov.
It means that Mogilev region has a favorable investment climate and local authorities guarantee investment security and support. After an opening ceremony the Sport Complex “Olympiets” held an exhibition-presentation of investment projects. The program of the forum includes the following sections: “Food Industry”, “Alternative Energy”, “Mogilev and Bobruisk – development of urban areas”, “Free economic zone “Mogilev” – a perspective investment ground”.